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7.6 bln euros of mortgage loans at risk of turning sour
Global

7.6 bln euros of mortgage loans at risk of turning sour

16 January 2024 Editors

Housing loans amounting to 7.6 billion euros are one step before going red with the European Central Bank (ECB) sounding…

NPL financing companies eye market share
Featured

NPL financing companies eye market share

9 January 2024 Phil Karametos

NPL financing companies that will start operating in 2024 are expected to provide solutions to businesses as well as private…

$6 bin of new loans for US banks since 2022
Featured

$6 bin of new loans for US banks since 2022

9 January 2024 Phil Karametos

NPLs held by the four largest US banking groups are estimated to have grown by $6 billion since the end…

“Cypriot solution” for vulnerable borrowers
Featured

“Cypriot solution” for vulnerable borrowers

8 January 2024 Editors

Rent against installments is the solution preferred by Cyprus for vulnerable debtors. This is an initiative aimed at the comprehensive…

Elizabeth McCaul and Korbinian Ibel: «NPLs are a fact of life for banks»
Highlights

Elizabeth McCaul and Korbinian Ibel: «NPLs are a fact of life for banks»

28 December 2023 Editors

«NPLs are a fact of life for banks. There will always be some borrowers who are unable to repay their…

Scope: NPEs increasing in Europe – estimates for Greece
Featured

Scope: NPEs increasing in Europe – estimates for Greece

21 December 2023 Editors

European banks will find themselves at a crossroads in 2024, as for the first time since 2015, non-performing exposures in…

Cyprus NPLs dip 95 million euros
Finance

Cyprus NPLs dip 95 million euros

19 December 2023 Editors

As of the end of September 2023, the total Non-Performing Loans (NPLs) in the banking system of Cyprus further decreased…

The Fin Min’s ‘No’ to servicers
Highlights

The Fin Min’s ‘No’ to servicers

27 November 2023 Editors

The Ministry of Finance’s response to a series of requests from servicers in the context of the relevant bill that…

Bill extending “Hercules” program submitted to parliament
Featured

Bill extending “Hercules” program submitted to parliament

24 November 2023 Editors

Provisions extending the “Hercules” program aimed at further reducing non-performing loans in bank portfolios have been included in the bill…

Increase in NPLs due to Avramar
Featured

Increase in NPLs due to Avramar

14 November 2023 Editors

A pick up in the net inflow of new non-performing loans in the first half of 2023 has been recorded…

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Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Real Estate servicers SSM
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